F.A.Q

What is the climate like in Cape Verde?
What time zone does Cape Verde lie in? (from UK & Ireland & Western Europe)
Are there many British people living in Cape Verde?
Where is the nearest hospital to Palm View Resort?
What are the medical facilities like on Boa Vista Island?
Do I need any vaccinations before visiting Cape Verde?
What language is spoken in Cape Verde?
Will my mobile phone work on Boa Vista Island?
Is it easy to use the internet?
Can I withdraw cash and use my cards on Boa Vista Island?
What is the currency in Cape Verde?
Are there any public holidays or different opening times?
What is the current rate of capital growth in properties in Cape Verde?
What is the local food like in Cape Verde?
What is the cost of eating out in Cape Verde?
Are the islands politically and economically stable?
What is the history of the Cape Verde Islands?
What is the infrastructure like in Cape Verde?
Do I need a visa to visit Cape Verde?
Why invest in Cape Verde?
When are properties due to be complete on Palm View Resort?
What are the benefits to buying 'off-plan' properties?
Does the builder offer any guarantees on the finished building?

 

What is the climate like in Cape Verde?

The climate is extremely pleasant for tourists with average temperatures throughout the year between 24 and 27 degrees centigrade. Despite being close to the equator, recorded highs are more comfortable than the Canaries due to Cape Verde's cool offshore breezes.  Rainfall is minimal and only really ever occurs between mid July and mid October but actual days of rainfall are much lower than even the Canaries.Top

What time zone does Cape Verde lie in?

GMT minus one hour. Top

Are there many British and European people living in Cape Verde?

The main population is Cape Verdean and Senegalese but Europeans are arriving all the time. Top

Where is the nearest hospital to Palm View Resort?

The nearest hospital is 15 minutes away located in Sal Rei, the capital of the island. Top

What are the medical facilities like on Boa Vista Island?

The facilities are modern and well-equipped and staffed mainly with Cuban nationals and people trained in Cuba whose work is world renowned. Top

Do I need any vaccinations before visiting Cape Verde?

Vaccinations are not required for entry into Cape Verde, unless entering from the West African mainland. However, it is recommended to always consult your GP for general advice. Top

What language is spoken in Cape Verde?

The main languages spoken by locals are Portuguese and Creole but English is spoken more commonly due to rising tourism.  All employees of Palm View Resort will be English speaking. Top

Will my mobile phone work on Boa Vista Island?

Roaming agreements exist between Cabo Verde Telecom, the local mobile phone service provider, and most UK and European mobile service providers. Competitors are looking to move into the market to create competition and therefore lower prices.  If you are spending some time in Cape Verde it is quite easy to subscribe to a pay as you go type phone system called 'Cartao Grilo' through CVTelecom who will issue you with a local sim card and number.  The country code for Cape Verde is 238.Top

Is it easy to use the internet?

Internet access is available through CVTelecom and various internet cafes exist on the islands, including Boa Vista.  There will also be internet access for owners on Palm View Resort.  Top

Can I withdraw cash and use my cards on Boa Vista Island?

Cash can be withdrawn as Euros from ATM machines through Visa and MasterCard. Top

What is the currency in Cape Verde?

The Cape Verde Escudo has a fixed exchange rate with the Euro at 110,265CVEsc to 1Euro. Top

Are there any public holidays or different opening times?

Banks are open 8am until 3pm Monday to Friday and shops are open Monday to Saturday 8am to 12 noon then again from 3pm to 7pm. Cape Verde has public holidays on 1 and 20 Jan, 1 May, 1 June, 5 July, 15 Aug, 1 Nov and 25 Dec.
There are also several regional holidays differing between islands and regions of islands based on local Saints' days. Top

What is the current rate of capital growth in properties in Cape Verde?

The conservative predicted capital growth rate of properties in Cape Verde is 10% per annum. A clear indicator as to where the next hot property spot will be is a burgeoning tourist industry, and this is one of the main factors savvy investors will look for in an otherwise unheard of location.  In the last two years, the Cape Verde Islands have been touted as the next Canary Islands in terms of tourism potential, although building restrictions will prevent over development, and already developers are clamouring to secure plots of land in this picturesque location with increasing accessibility.

Once the property is finished, the anticipated demand during the building phase will push house prices up. A finished property, depending on the chosen strategy of the investor, can then be re-sold on the market reflecting the new price and providing an excellent return to the investor.Top

What is the local food like in Cape Verde?

The seafood is excellent offering beautiful fresh Marlin and specialities like Wahoo fish and Tuna. The fish is caught and brought to the table within minutes. Top

What is the cost of eating out in Cape Verde?

A typical three course meal with a bottle of wine is around 15 Euros per head. Top

Are the islands politically and economically stable?

Cape Verde is peaceful and all transitions of power have occurred smoothly.  Cape Verde is the fourth most developed nation in Africa, behind Tunisia, Mauritius and the Seychelles, all of whom already enjoy significant tourist revenues. Inflation is low at 1.4% with average GDP per capita growth over the last 5 years between 5% and 6%. GNP per capita is a little above US$1500.

The local government is also seeking to guarantee the future of Cape Verde by working hard to boost the country's economy and strengthen the booming tourism market. To this end, they are offering some very attractive tax and other incentives for foreign investors and have also developed strong ties with the European Union.

Having recently been voted the 10th most stable economy in Africa, in addition to several trade and industry dealings with Portugal - where the islands have many cultural and historical links - in addition to investment programmes with the US, China and the United Nations, Cape Verde is fast becoming a recognisable investment venture for those looking for the next big thing. Top

What is the history of the Cape Verde Islands?

Cape Verde was a colony from 1460, then in 1951 became an Overseas Province of Portugal that gained independence in July 1975. It has been a multi-party democratic nation since January 1991. Cape Verde has a population of about 446,000 across the ten islands. Top

What is the infrastructure like in Cape Verde?

Cape Verde is currently benefiting from massive international and Cape Verdean government funding to make sure the required infrastructure changes are made to the standard of one of the world's leading year-round holiday destinations. Top

Do I need a visa to visit Cape Verde?

Yes, all visitors require a visa to enter Cape Verde.  Visas can be purchased in the UK before travelling at a cost of £55 but are cheaper to buy upon arrival at the airport in Cape Verde for around €25. Top

Why invest in Cape Verde?

One of Europe's most exciting hotspots in tourism to have emerged recently, Cape Verde is undergoing rapid growth and is widely touted in property (and tourism) circles as a shrewd investment with excellent returns anticipated. As the nearest tropical islands to Europe, they have been compared to those of the Caribbean but only half the distance away.

When are properties due to be complete on Palm View Resort?

Building will be complete in the first quarter of 2010. Top

What are the benefits of buying 'off plan' properties?

Because properties on Palm View Resort are not yet built, the builder will sell properties 'off-plan' at lower prices than once the development is complete.  This is great news for buyers who realise that buying off-plan means both lower prices and increased value of their property after completion, in addition to general capital growth in the area.  For the maximum return on your investment, make the most of pre-launch discounts offered as soon as a new development is released for sale, which will give you the opportunity for maximum capital appreciation throughout the building period.  As demand grows so will prices and the number of buyers waiting to reserve the best properties in remaining plots. Top

Does the builder offer any guarantees on the finished building?

The builder offers a 5 year guarantee as standard. Top